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Enact Holdings, Inc.（ACT）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Enact Holdings, Inc.的季度营收约是Forestar Group Inc.的1.1倍（$312.7M vs $273.0M），Forestar Group Inc.同比增速更快（9.0% vs 3.6%），过去两年Enact Holdings, Inc.的营收复合增速更高（3.6% vs -9.6%）
Enact Holdings, Inc.是美国领先的私人抵押贷款保险服务商，为银行、信用社等各类住宅抵押贷款机构提供风险缓释解决方案，帮助首付较低的购房者获得可负担的住房贷款，助力更多美国普通消费者实现安居需求。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
ACT vs FOR — 直观对比
营收规模更大
ACT
是对方的1.1倍
$273.0M
营收增速更快
FOR
高出5.4%
3.6%
两年增速更快
ACT
近两年复合增速
-9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $273.0M |
| 净利润 | — | $15.4M |
| 毛利率 | — | 20.1% |
| 营业利润率 | 71.3% | 7.6% |
| 净利率 | — | 5.6% |
| 营收同比 | 3.6% | 9.0% |
| 净利润同比 | — | -6.7% |
| 每股收益（稀释后） | $1.23 | $0.30 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACTFOR
| Q4 25 | $312.7M | $273.0M | ||
| Q3 25 | $311.5M | $670.5M | ||
| Q2 25 | $304.9M | $390.5M | ||
| Q1 25 | $306.8M | $351.0M | ||
| Q4 24 | $301.8M | $250.4M | ||
| Q3 24 | $309.6M | $551.3M | ||
| Q2 24 | $298.8M | $318.4M | ||
| Q1 24 | $291.6M | $333.8M |
净利润ACTFOR
| Q4 25 | — | $15.4M | ||
| Q3 25 | — | $86.9M | ||
| Q2 25 | — | $32.9M | ||
| Q1 25 | — | $31.6M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | — | $81.5M | ||
| Q2 24 | — | $38.7M | ||
| Q1 24 | — | $45.0M |
毛利率ACTFOR
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% | ||
| Q1 24 | — | 24.9% |
营业利润率ACTFOR
| Q4 25 | 71.3% | 7.6% | ||
| Q3 25 | 67.4% | 16.9% | ||
| Q2 25 | 70.4% | 11.2% | ||
| Q1 25 | 68.9% | 11.6% | ||
| Q4 24 | 68.9% | 8.7% | ||
| Q3 24 | 74.1% | 19.7% | ||
| Q2 24 | 78.6% | 16.2% | ||
| Q1 24 | 70.6% | 17.6% |
净利率ACTFOR
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 14.8% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 13.5% |
每股收益（稀释后）ACTFOR
| Q4 25 | $1.23 | $0.30 | ||
| Q3 25 | $1.10 | $1.70 | ||
| Q2 25 | $1.11 | $0.65 | ||
| Q1 25 | $1.08 | $0.62 | ||
| Q4 24 | $1.05 | $0.32 | ||
| Q3 24 | $1.15 | $1.59 | ||
| Q2 24 | $1.16 | $0.76 | ||
| Q1 24 | $1.01 | $0.89 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $582.5M | $211.7M |
| 总债务越低越好 | $744.5M | $793.2M |
| 股东权益账面价值 | $5.4B | $1.8B |
| 总资产 | $6.9B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.14× | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资ACTFOR
| Q4 25 | $582.5M | $211.7M | ||
| Q3 25 | $545.6M | $379.2M | ||
| Q2 25 | $616.0M | $189.2M | ||
| Q1 25 | $639.0M | $174.3M | ||
| Q4 24 | $602.8M | $132.0M | ||
| Q3 24 | $674.9M | $481.2M | ||
| Q2 24 | $711.3M | $359.2M | ||
| Q1 24 | $624.3M | $416.2M |
总债务ACTFOR
| Q4 25 | $744.5M | $793.2M | ||
| Q3 25 | $744.1M | $802.7M | ||
| Q2 25 | $743.8M | $872.8M | ||
| Q1 25 | $743.4M | $872.5M | ||
| Q4 24 | $743.0M | $806.8M | ||
| Q3 24 | $742.7M | $706.4M | ||
| Q2 24 | $742.4M | $706.1M | ||
| Q1 24 | $746.1M | $705.7M |
股东权益ACTFOR
| Q4 25 | $5.4B | $1.8B | ||
| Q3 25 | $5.3B | $1.8B | ||
| Q2 25 | $5.2B | $1.7B | ||
| Q1 25 | $5.1B | $1.6B | ||
| Q4 24 | $5.0B | $1.6B | ||
| Q3 24 | $5.0B | $1.6B | ||
| Q2 24 | $4.8B | $1.5B | ||
| Q1 24 | $4.7B | $1.5B |
总资产ACTFOR
| Q4 25 | $6.9B | $3.2B | ||
| Q3 25 | $6.9B | $3.1B | ||
| Q2 25 | $6.8B | $3.1B | ||
| Q1 25 | $6.7B | $3.0B | ||
| Q4 24 | $6.5B | $3.0B | ||
| Q3 24 | $6.6B | $2.8B | ||
| Q2 24 | $6.3B | $2.7B | ||
| Q1 24 | $6.3B | $2.6B |
负债/权益比ACTFOR
| Q4 25 | 0.14× | 0.44× | ||
| Q3 25 | 0.14× | 0.45× | ||
| Q2 25 | 0.14× | 0.52× | ||
| Q1 25 | 0.15× | 0.53× | ||
| Q4 24 | 0.15× | 0.50× | ||
| Q3 24 | 0.15× | 0.44× | ||
| Q2 24 | 0.15× | 0.47× | ||
| Q1 24 | 0.16× | 0.48× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $724.5M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-157.1M |
| 自由现金流率自由现金流/营收 | — | -57.5% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 现金转化率经营现金流/净利润 | — | -10.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.0M |
8季度趋势，按日历期对齐
经营现金流ACTFOR
| Q4 25 | $724.5M | $-157.0M | ||
| Q3 25 | $192.0M | $256.3M | ||
| Q2 25 | $119.5M | $15.8M | ||
| Q1 25 | $226.7M | $-19.8M | ||
| Q4 24 | $686.3M | $-450.0M | ||
| Q3 24 | $188.1M | $119.2M | ||
| Q2 24 | $144.7M | $-61.7M | ||
| Q1 24 | $187.3M | $-59.2M |
自由现金流ACTFOR
| Q4 25 | — | $-157.1M | ||
| Q3 25 | — | $255.6M | ||
| Q2 25 | — | $15.0M | ||
| Q1 25 | — | $-20.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $118.4M | ||
| Q2 24 | — | $-62.3M | ||
| Q1 24 | — | $-59.8M |
自由现金流率ACTFOR
| Q4 25 | — | -57.5% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 21.5% | ||
| Q2 24 | — | -19.6% | ||
| Q1 24 | — | -17.9% |
资本支出强度ACTFOR
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
现金转化率ACTFOR
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | — | -1.59× | ||
| Q1 24 | — | -1.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACT
暂无分部数据
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
